Watching Market Notes:
$BLUR -18.4%, the bulls are retreating at scale
$BLUR dropped 18%, and retail traders have started yelling to buy the dip. But the story told by the order flow is completely different.
24h range 0.0185 — 0.0247
24h volume $130M
▸ Within 1h, shorts entered with $3.502M, while longs only had $1.645M — shorts are overwhelming at 2.1:1
▸ Longs cut and run with $5.003M; retail is taking the bag
▸ OI slightly down 1.4% — mainly closing positions
RSI top divergence matches the fund flow direction—bonus.
📋 Trading plan (short)
FVG resistance 0.0227-0.0237
Entry: around the current price 0.0189
Stop loss: 0.0201 (+6.0%)
Target: 0.0149 (-21.3%)
Risk/reward: 1:3.6
My take:
Flow -31, bearish overall—decent strength. RSI top divergence aligns with the fund direction—bonus. With a 3.6x risk/reward short, are you brave enough to catch it?
#BLURUSDT #币安合约 #OI flow analysis